American Fusion (OTC: AMFN) announced several corporate and operational developments as it advances its proprietary Texatron (TM) fusion energy platform toward potential commercialization. The company is preparing proposals for at least four additional Texas data center projects, with plans to offer dedicated electricity through its proposed Power-as-a-Service model. American Fusion also received an occupancy permit for its new research and assembly facility, where it expects to begin moving operations by Nov. 1, 2026. Separately, the company is pursuing the acquisition of property for a permanent North Texas research and testing campus, with a potential closing by the end of October.
American Fusion is also finalizing the engagement of a new independent auditor and negotiating financing proposals received from several investment banking firms. Meanwhile, its engineering team continues refining Texatron components, including pulsed-power architecture and capacitor-bank systems, while preparing to resume experimental testing at Texas Tech University and evaluating additional testing locations. The company emphasized that Texatron remains under development and that further testing is required to establish its technical performance, fusion energy output and commercial viability.
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